South Africa Producer Price Index (YoY) fell from previous 0.5% to 0.1% in May

Jun 26, 2025

Gold Price Forecast: XAU/USD is on a bullish correction targeting the $3.365 area

Gold’s rebound from Tuesday’s lows suggests that there is a strong support area at the $3,290-$3.300. The precious metal is trimming previous losses on Thursday, buoyed by a more favourable context, with US Treasury yields and the US Dollar tumbling.

DXY: Fresh 2025 Low – OCBC

US Dollar (USD) continued to come under pressure on softer US housing data overnight and in reaction to report that Trump may consider nominating the next Fed Chair earlier around September or October. DXY was last seen at 97.20, OCBC's FX analysts Frances Cheung and Christopher Wong note.